Unilever achieves gender balance across global management teams
Unilever has announced that it has achieved gender balance across management globally, a year ahead of its target for the same.
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Firmenich strikes deal for Les Derives Resiniques et Terpeniques
Firmenich has announced that it has entered into exclusivity with Ardfian, Tikehau Capital and family shareholders to acquire Les Derives Resiniques et Terpeniques (DRT).
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Natura &Co Q4: EBITDA up 12.2 percent as all three brands post revenue growth
Natura &Co has reported its results for the final quarter of fiscal 2019. The group hailed its performance over the three months as ‘strong’ with all three of its brands, Natura, The Body Shop and Aesop, posting revenue growth and adjusted EBITDA up 12.2 percent.
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Activist investor urges Kirin to sell off cosmetics venture
An activist investor is pressuring Japan’s Kirin to sell off ‘non-beer’ investments in order to better focus on its beverage business, according to a report published by Reuters.
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German anti-aging brand offers US$1 million per second for Meghan Markle to appear in Suits
German anti-aging brand Biotulin has offered to pay US television network NBC US$5 million for a five-second appearance from the Duchess of Sussex in drama series suits, according to a report published by Extra.
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Interparfums reports strong 2019 performance but revises outlook for 2020 as coronavirus bites
Interparfums has reported its results for the fourth quarter and year ended December 31, 2019. Net sales swelled 5.6 percent to US$713.5 million (+7.3 percent in comparable currency) and net income grew 12 percent to US$60.2 million.
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Givaudan shuts down Zurich facility as employee tests positive for coronavirus
Givaudan has shut down a Kemptthal-based facility after one of its employees tested positive for coronavirus, according to a report published by Reuters.
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Purchases plunge as traffic tanks in travel retail channel
Transport authorities have started to offer rent relief to those hit by the significant drop in traffic caused by the coronavirus outbreak, according to a report published by Market Screener.
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L’Oréal India launches media account review
L’Oréal India is expected to review its Rs400 crore media account, according to a report published by Best Media Info.
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Bed, Bath & Beyond brings Walgreens Chief Merchandising Officer on board
Bed, Bath & Beyond has named Joe Hartsig as Executive Vice President, Chief Merchandising Officer of Bed, Bath & Beyond and President of Harmon Stores, effective immediately.
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